???Gold news: ➡️ After a brief pullback on Friday due to pre-Easter profit-taking, gold buyers stormed back into the market early Monday. The precious metal resumed its record-breaking rally, eyeing the $3,400 mark as the US Dollar (USD) plunged to a three-year low against major currencies, driven by growing recession fears in the US amid escalating US-China trade tensions. ➡️ The trade conflict intensified over the weekend when a Boeing jet, initially intended for a Chinese airline, was redirected back to the US manufacturer’s plant in a retaliatory move by China. Personal view: ➡️ The weaker US Dollar and rising safe-haven demand continue to support gold’s traditional role as a safe-haven asset. However, price swings could be exaggerated in the coming day due to thin liquidity from Easter Monday. ➡️ The RSI remains in overbought territory on the daily chart, and light trading volumes may amplify gold’s price moves. ➡️ Analysis based on important resistance - support and Fibonacci levels combined with trend lines to come up with suitable strategies Plan: ?Price Zone Setup: ?Sell Gold 3400 - 3398 (Scalping) ❌SL: 3404| ✅TP: 3394 – 3390-3385 ?Sell Gold 3422 - 3424 ❌SL: 3429 | ✅TP: 3417 – 3412 -3407 ?Buy Gold 3356 - 3358 ❌SL: 3350| ✅TP: 3363 – 3370-3380 FM wishes you a successful trading day ???
Netflix is above breakout level of 959.24 and is is near to break trendline too. May be it will cross 1000 and 1200 levels. Note: This is not a buy sell call. Trade at your own will, Use stop loss too.
High possibility we can take long position if nifty 50 crosses 24350 and retrace it back and take support at around 24300 to 24350 and bounce. Assuming high possibility nifty reaching 28k after this resistance.
BTC as usual followed our plan so perfectly. In MINDS also i reminded everyone about this move. Now can book nice profits here and stay tuned for our next Update
BTC ~ 1D Analysis Update #BTC Alright let's continue this bullish, a minimum of $ 130,000 - $ 150,000 in 2025.
Gold market weekly outlook: Three major events dominate, gold's strong pattern continues ? This week's core focus: Three major events drive market sentiment ? Trump's tariff policy progress According to the weekend news, Trump may finalize a tariff agreement with major economies within a month. If the negotiations go smoothly, market risk appetite may rebound, and gold may be under pressure in the short term; if the negotiations fail, risk aversion will push up gold prices again. Potential impact: Tariff uncertainty still supports gold, but if it is implemented, it may trigger a short-term correction. ⚔️ Progress in US-Iran nuclear negotiations Recently, positive signals have been released. If the negotiations go smoothly and geopolitical risks cool down, gold safe-haven buying may weaken. Potential impact: If an agreement is reached, gold may fall back in the short term; if the negotiations are deadlocked, gold prices will continue to be supported by risk aversion. ? Federal Reserve interest rate decision (May 1) The market generally expects interest rates to remain unchanged, but attention should be paid to Powell's statement on inflation and future policies. Potential impact: If dovish signals are released (such as hinting at rate cuts), the US dollar may weaken further, and gold will benefit; if it is hawkish, gold prices may adjust in the short term. ? Market status: Gold remains strong, and the weakness of the US dollar boosts the rally The US dollar index fell below 98, hitting a recent low, further supporting gold. Gold driving factors: ✅ Uncertainty in tariff policies ✅ Expectations of Fed easing ✅ Geopolitical conflicts (Middle East, Russia and Ukraine, etc.) ✅ Global central banks continue to buy gold Technical aspects: Daily line: Continuous large positive lines, the moving average is steeply arranged, and there is no peak signal. Weekly line: Three consecutive positive lines, MACD volume, strong upward momentum. Key positions: Support: 3350 (early gap), 3330 (trend line) Resistance: 3400 (psychological barrier), 3430 (next target) ? Today's trading strategy: follow the trend and buy low, be wary of event disturbances Aggressive long orders: 3350-3355 directly buy, stop loss 3340, target 3380-3400 (breakthrough can see 3430). If it falls back to 3330 (trend support), you can arrange long orders for the second time, stop loss 3320, target 3360-3380. Be cautious with short orders: The current trend is extremely strong, and the risk of going against the trend is extremely high. Only short-term quick entry and exit are allowed (if 3400 is not broken, try short with a light position).
?XAU/USD Price Action Update – April 21, 2025 ?Current Price: 3,382.470 ?Timeframe: 1H ?Key Demand Zones (Support): ?3349–3358 – Fresh Breaker Block Zone (price currently reacting) ?3384–3392 – Strong Demand Zone (previous rejection area) ?3237–3245 – Intermediate Demand Zone ?3193–3205 – Major Demand Zone (watch for bullish SMC pattern) ?3139–3169 – High-Value Institutional Demand Zone (last line of defense) ?Key Supply Zone (Resistance): ?3430.491 – Immediate Resistance (highlighted on chart) ?Bullish Scenario: Price has broken above previous highs and is now consolidating above 3384. If we hold above 3358–3349, we could see bullish continuation toward the 3430 area. A clean break and close above 3430.491 can open the door for further upside. ?Bearish Scenario: If price fails to sustain above 3358, we might retest 3384 or even dip into 3237–3245 for a deeper mitigation. Look for bearish price action around the 3430 resistance zone for potential short setups. ⚡Trading Tip: ✅Look for rejections or confirmation candles in key supply/demand zones ✅Track price structure and BOS/CHoCH for entry confirmation ✅Maintain solid RR and risk management rules #XAUUSD #GoldAnalysis #ForexTrading #SmartMoneyConcepts #PriceAction #SupplyAndDemand #LiquidityZones #TechnicalAnalysis #GoldBulls #GoldBears #BreakOfStructure #ForexSignals #FXFOREVER #ScalpingSetups
Quice is above its breakout level of 6.73 and it crosses trendline too. It can cross level of 8 and 10. Note: This is not a buy sell call. Use stop loss too.
Pairs on Watch - FX:EURNZD FX:EURAUD FX:EURUSD FX:AUDUSD A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
Hey traders! Let’s break down the current price action on Gold (XAUUSD) using both Wyckoff and ICT concepts, and tie it all together with the latest macroeconomic context. ?✨ Wyckoff Methodology: Looking at the 4H chart, we see a classic accumulation phase that transitioned into a strong markup. The recent price action shows a clear spring (liquidity sweep) below previous lows, followed by a sharp bullish move—this is textbook Wyckoff manipulation, where smart money grabs liquidity before driving price higher. The current rally suggests we’re in the markup phase, with demand overwhelming supply. ICT Concepts: Liquidity Zones: The chart shows a sweep of liquidity below the recent consolidation, trapping late sellers before a powerful bullish displacement. This is a classic ICT move—liquidity engineered and then swept. Displacement: The large bullish candle breaking above the previous range signals a market structure shift (MSS) to the upside. This is a strong sign of bullish intent. Fair Value Gaps (FVG): The impulsive move up has likely left a fair value gap (imbalance) between 3335 and 3385.50. Price may retrace to fill this gap before continuing higher. Market Structure: The break above the previous swing high confirms a bullish market structure. As long as price holds above the 3335-3340 zone (50% retracement), the bullish bias remains intact. Technical Trade Setups: Bullish Scenario: Look for a retracement into the 50-61.8% Fibonacci zone (3335-3323) for potential long entries. If price forms a bullish rejection or bullish engulfing pattern here, it could be a high-probability setup targeting the recent high (3385.50) and the next extension at 3436. Bearish Scenario: If price fails to hold above 3335 and closes below 3320, we could see a deeper retracement toward 3284 (100% retracement) or even lower, but this is less likely given the current momentum. Market Sentiment: Bullish ? – The strong displacement, liquidity sweep, and market structure shift all point to bullish sentiment. Buyers are in control, and any pullbacks into the FVG or key fib levels are likely to be bought up. Macroeconomic & Fundamental Drivers: Gold’s rally is being fueled by several key factors: CPI & Inflation: Recent CPI data shows persistent inflation, increasing demand for gold as an inflation hedge. Interest Rate Expectations: The market is pricing in potential rate cuts by the Fed later this year, weakening the USD and supporting gold. Geopolitical Tensions: Ongoing global tensions (e.g., Middle East, Ukraine) are driving safe-haven flows into gold. USD Strength: Any signs of USD weakness further boost gold’s appeal. Summary & Trade Plan: Gold is in a strong bullish phase after a classic liquidity sweep and market structure shift. Watch for retracements into the 3335-3320 zone for potential long setups, with targets at 3385 and 3436. Stay alert for any macro news that could impact sentiment, but for now, the bulls are in control! ?? Disclaimer: This is not financial advice. Always do your own research before trading.